$COIN Coinbase Q1 Earnings
- Total Revenue $1.40B, est. $1.49B
- Transaction Revenue $756M, est. $785.9M
- Subscription & Services Revenue $584M, est. $625.3M
- Sees Q2 Subscription & Services Revenue $565M–$645M
- Sees Q2 restructuring expense ~$50M–$60M
- Expects FY adjusted expenses to be flat y/y